Netflix to raise its prices

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(CNN) - The online streaming service, Netflix is boosting the cost of certain subscription plans.

According to USA Today, the service’s most popular plan will now cost $10.99 cents a month.

The premium plan will go up by two dollars to $13.99 a month.

The basic plan will remain unchanged at $7.99 a month.

The new prices will be phased in over several months.

Netflix has already started raising the cost for new customers in the U.S.

The price increase will start for current subscribers on October 19th.

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